CREDIT FACILITY

(for Companies)

ElectroTech Engineering & Trading Services

P.O. Box 111
Ruwi 130
Sultanate of Oman Date:

1 a) Name of the Company :

b) Type (Tick whichever appropriate) : Proprietorship / Partnership / LLC / SAO / Local / Foreign Venture
c) Postal Address :

d) Telephone No. :
e) Fax No. :
f) Email :
2 Physical Location
a) Building No. :
b) Way / Street No. :
c) Email :
3 Year of Establishment :
4 Complete Commercial Registration No :
5 Names of Proprietor/ Partners / Directors
Name Nationality Position held
a)
b)
c)
6 Name & Address of Local Sponsor (only for foreign ventures)
Name :
Address :

7 Names & Addresses of Subsidiary / Associate Companies, if any

a)
b)
c)
d)

Please attach the following documents:

1. Copy of Commercial Registration Certificate.
2. Specimen Signature form from Ministry of Commerce & Industry.
3. Computer Sheet from Ministry of Commerce & Industry.
4. Copy of Sponsor’s Identity Card.
5. Letter addressed to bank on your letterhead, as per specimen enclosed.
6. Copy of ID card of cheque signatories.
8 Other Companies from whom you enjoy credit facility
Name of the Company Credit limit Payment Terms
a)
b)
c)
d)
9 Details of credit requirement
i) Credit Limit : R.O.
ii) Credit Period :
10 Name & Addresses of main bankers with Account No.:
Bank Branch Account No.
a)
b)
11 Persons authorised to sign LPOs:
Full Name Limit (RO) Singly/Jointly Specimen Signature

a)

b)

12 Persons authorised to sign Cheques / Bills of Exchange / Other banking documents (copy of ID card
/ Labour card of authorised signatories):
Full Name Limit (RO) Singly/Jointly Specimen Signature

a)

b)

UNDERTAKING BY CUSTOMER

We agree to pay interest at 12% per annum for any delays in payment beyond the agreed credit period.

The above signatories, as mentioned in 12 & 13 above, are fully authorised to sign on behalf of our
company.

Any change in the above mentioned information will be intimated to you immediately in writing. Any
changes in the constitution of the company will be informed to you in advance, in writing, prior to
effecting changes.

________________________

on behalf of _____________
 (Specimen letter to be attached to the credit Application form)
- Addressed to party’s bankers

(ON PARTY’S LETTERHEAD)

Ref:
Date:

To: The Manager

______________________

______________________

Dear Sir,

Re: Account No. __________________

We have approached M/s. Electrotech Engineering & Trading Services P.O. Box 111, Ruwi 130, Sultanate
of Oman, for a credit facility to the tune of RO ____________ (Rials Omani _________________________
__________________________________) on _______ days basis for purchase of materials.

The Bankers of M/s. Electrotech Engineering & Trading Services will be approaching you for a
confidential report on our activities and creditworthiness before acceding to our above request. We
have no objection in your furnishing a status report regarding our company to their bankers.

Thanking you,

Yours faithfully,